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Can I leave Elderhostel
a certain amount of money?
Yes, you can leave a specific bequest in which you designate a sum
of money such as $10,000, $25,000, $100,000 or more to Elderhostel.
How do I leave a portion of my estate
to Elderhostel?
You can designate all or a percentage of the remainder |
of your estate after all taxes, costs and specific
bequests are satisfied. (This is known as a residuary bequest).
I want to provide for relatives or friends, but what if they don’t
survive me? How do I leave their share to Elderhostel?
You can leave Elderhostel a contingent bequest. This states that if
a relative you have provided for is not living at the time of your death,
the bequest will pass to Elderhostel.
How do I designate my bequest for a specific purpose?
If you would like to designate your bequest for a specific purpose,
such as scholarships or the Elderhostel endowment fund, please contact
anne.forsyth@elderhostel.org
so we can ensure your wishes are met.
If I already have a will, can I add a bequest to Elderhostel?
Yes, adding a bequest to Elderhostel is simple. Ask your attorney to prepare
a codicil (addendum) to your will.
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September 7, 2008
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